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FCC seeks judicial review of AT&T/T-Mobile deal

AT&T Inc was dealt a blow on Tuesday as the top U.S. communications regulator sought to have its planned $39 billion purchase of T-Mobile USA sent to an administrative law judge for review.

DOJ Debit Card Fee Review Signals Warning for Banks

Bank of America
The U.S. Department of Justice said it is reviewing statements and actions by big banks and their trade associations to see if they have violated antitrust laws through coordinated action to raise consumer debit card fees. But experts say an actual investigation is fairly unlikely.

AT&T, T-Mobile Merger: Effects on Small Carriers Unclear

Small wireless carriers, such as U.S. Cellular and MetroPCS, provide low-cost alternatives to companies such as AT&T and Verizon. However, companies and industry experts are split on how the AT&T/T-Mobile merger will affect the smaller companies.
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Third-quarter growth cut on weak inventories

The U.S. economy grew more slowly than previously estimated in the third quarter, but a drawing down of stocks held by companies and firm consumer spending suggested output would pick up in late 2011.
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Chinese solar losses mount but stocks still rise

Chinese solar companies including Suntech Power Holdings Co Ltd, JA Solar Holdings Co Ltd and LDK Solar Co Ltd posted larger-than-expected quarterly losses and warned that the sector's bleak outlook would continue well into next year.
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Canned-Soup Eaters Get Mouthful of Controversial Chemical: Report

People who eat canned versus homemade soup have high levels of bisphenol A (BPA), according to research released Tuesday about the controversial plastic-hardener linked to developmental disruptions in children along with cancer, diabetes and heart disease in adults.
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Chinese solar company losses mount but stocks soar

Chinese solar companies including Suntech Power Holdings Co Ltd, JA Solar Holdings Co Ltd and LDK Solar Co Ltd posted larger-than-expected quarterly losses and warned that the sector's bleak outlook would continue well into next year.
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Campbell yet to convince Street on soup turnaround

Campbell Soup Co's efforts to turnaround its U.S. soups business have yet to convince Wall Street as it risks losing price-conscious buyers with fewer promotions and by raising prices due to high ingredient costs.
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Bank profits rise as regulators fret about Europe

U.S. bank earnings reached a more than four-year high in the third quarter, but regulators are warning that the industry faces challenges that include the risk of the European debt crisis washing up on U.S. shores.
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Apple to Surpass HP as World’s Top PC Maker

Apple will displace Hewlett-Packard as the world's top PC maker in early 2012, Canalys estimates. The report lumped tablet sales in with PC sales, arguing that tablets have redefined the personal computer.
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Tony Rezko Gets 10 Years in Prison

Tony Rezko, a one-time adviser to the embattled former Governor of Illinois Rod Blagojevich, has been sentenced to ten-and-a-half years in prison.
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Nebraska lawmakers vote to reroute pipeline

Nebraska lawmakers on Tuesday voted unanimously to reroute a controversial proposed U.S.-to-Canada oil pipeline away from an ecologically-sensitive region in the state, and the governor quickly signed the measure into law.
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Arkansas Football Player Garrett Uekman Dies at 19, No Cause Released Yet

Garrett Uekman, a freshman tight end in University of Arkansas was reported dead at Washington Regional Medical Center in Fayetteville on Sunday. The cause of the death is yet to be found. According to Lt. Mat Mills in the university police department, there was nothing suspicious about Uekman’s death. However, his body will be sent to Arkansas state medical examiner for an autopsy.

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